shipping

Shortly afterwards the Omani foreign minister posted that the deal meant neither side would target the other, "ensuring freedom of navigation and the smooth flow of international commercial shipping".

“As with mail, most competitive shipping products will retain the same service standard, some packages will have a faster standard, and some will have a slightly slower standard,” the report stated.

Trump’s move to restrict the shipping loophole is the latest in a slew of trade policy revisions poised to affect millions of consumers and small businesses who rely on low-cost goods from China.

Typically, bonded warehouses are used by importers that bring in goods from one country before bundling them and shipping them to another country without having to pay tariffs.

The US and UK have been attacking Yemen in response to strikes carried out by the Houthis on shipping in the Red Sea since November 2023.